NYCPA News and Blogs

Requirements of a Valid Section 754 Election Generally, a partnership seeking to adjust the basis of partnership property…

For the overwhelming majority of US taxpayers, the American Taxpayer Relief Act of 2012 (“ATRA”) eliminated the need for…

As it relates to household employment, state, local and federal tax laws as well as relevant state and local labor laws are…

In an earlier column, we addressed the New York State Department of Taxation and Finance’s (the “Department”)…

President Obama’s 2016 Budget contains a proposal to end "deferral” of tax on income earned in Controlled Foreign…

After several years of study, the IRS has finalized regulations known as the Tangible Property Regulations or the Repair…

Currently, 45 states, as well as the District of Columbia have some degree of statutory regulation of charitable solicitation…

Although directors and officers of private and not-for-profit companies face similar liability exposures as do their publicly…

All 50 states, the District of Columbia and three Canadian provinces have abandoned property laws on their books. These laws…